Updated investor materials highlight the industrial gas market tailwinds and an expanding portfolio of clean UHP hydrogen production plants and regional supply hubs

Brossard, Quebec, May 13, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity (“UHP”) hydrogen and other strategic industrial gases, today announced the release of its updated Corporate Presentation and Fact Sheet, now available in the Investors section of the Company’s website at www.charbone.com.

The updated materials provide investors and stakeholders with a refreshed view of CHARBONE’s vertically integrated industrial gases platform, the structural growth dynamics shaping the global UHP gas market, and the Company’s growing portfolio of clean UHP hydrogen production plants across Canada, the United States, and Asia-Pacific.

A Growing, Structurally Undersupplied UHP Industrial Gas Market

CHARBONE operates in a critical segment of the modern industrial economy. The updated investor materials highlight the favorable market backdrop supporting the Company’s growth strategy, with demand drivers anchored in semiconductor fabrication, AI and data centers, advanced pharmaceuticals and biotech, aerospace and defense, and precision laboratories.

Global Ultra-High Purity (UHP) Gas Market

Clean UHP Hydrogen – CHARBONE’s Core Production Molecule

UHP Helium – Strategic, High-Margin and Supply-Constrained

UHP Semiconductor Gas Segment

Clean UHP Hydrogen Production Project Pipeline

The updated Corporate Presentation provides additional clarity on CHARBONE’s project pipeline. The Company’s modular, demand-driven approach is designed to deploy up to 16 hydrogen projects in proximity to end-users, at a fraction of the capital intensity of traditional centralized mega-plants. Each project is designed with up to 5 phases of production capacity, each deployed within 6-12 months in line with local demand and access to local renewable energy.

Sorel-Tracy, Quebec, Canada – Flagship Project (Commercial Production)

Detroit, Michigan, United States

Wisconsin, United States

Malaysia, Asia-Pacific

Additional Pipeline

Beyond the four projects above, the Company is evaluating 12+ additional plant opportunities across North America and Asia-Pacific, with a longer-term vision to expand the platform across the broader basket of industrial gases.

Regional Supply Hubs Reinforce Recurring Revenue

CHARBONE’s hydrogen production assets are supported by a network of CHARBONE’s Regional Supply Hubs for the storage and distribution of industrial gases. The Company is developing hubs in Ontario, Quebec, Nova Scotia and New York, with a target of 6-8 hubs total across North America. Hydrogen and helium tube trailers have been deployed, supporting commercial deliveries across Ontario, Quebec and New York State, and multi-year supply agreements are in place with a subsidiary of one of the world’s largest chemical and industrial conglomerates, providing CHARBONE with a recurring revenue foundation.

Management Commentary
“The updated Corporate Presentation and Fact Sheet bring together, in one place, the market context and the project execution story that we believe make CHARBONE a differentiated investment opportunity. The structural undersupply of clean UHP hydrogen and helium, combined with accelerating demand from semiconductors, AI, data centers, advanced pharma, and aerospace, defines a multi-decade tailwind, and our modular, decentralized model is purpose-built to capture it. With Sorel-Tracy in commercial production, Detroit and Wisconsin advancing, and Malaysia entering an equity-participation phase, our pipeline has never been clearer or more tangible,” said Dave B. Gagnon, Chairman and Chief Executive Officer of CHARBONE.

Brossard, Quebec, May 7, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity (“UHP”) hydrogen and other strategic industrial gases, announces in line with its strategic acceleration, the appointment of Mr. Gregory Fourel as a new director of the Company that will take effect and will be subject to approval at the next annual shareholders’ meeting scheduled for June 2026.

Mr. Fourel brings internationally recognized expertise in finance, structuring, and governance. He has notably held positions as Chief Financial Officer at Technip, a global leader in engineering, and at CGS (Computer Generated Solutions), an international technology company.

“Gregory’s arrival is a direct result of our ambition to build a global group. His experience in complex international organizations and his financial discipline will be key assets in supporting our growth, structuring our expansion, and strengthening our credibility with the financial markets,” said Dave Gagnon, President and CEO of CHARBONE.

Gregory Fourel is a Chief Financial Officer and strategic finance executive with more than two decades of leadership across global, multi-billion-dollar enterprises and over $3 billion in cumulative M&A and capital markets transactions. He brings deep expertise across the energy value chain, with particular depth in hydrogen, renewables, and oil & gas. Over a 19-year career at TechnipFMC / Technip Energies, the $15B+ global EPC leader in Oil & Gas, Ethylene, Hydrogen, and Renewables, he served as Deputy CFO of the Process Technology region, with full P&L ownership of a $1.2B organization and executive sponsorship of an $800M LNG joint venture, while playing a leading role in the firm’s diversification into hydrogen and lower-carbon technologies. He subsequently served as Vice President of Finance at Nuvve Corporation (NASDAQ: NVVE), during which he supported its 2021 SPAC IPO and the structuring of the $750M Levo EV-charging joint venture with Stonepeak Partners.

Brossard, Quebec, May 6, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity (“UHP”) hydrogen and other strategic industrial gases, today announces a major step forward in its development with the opening of its third Hub, and first in the United States, located in Albany, New York State.

This new Hub, operated by its subsidiary Charbone Corporation USA, represents a major strategic step in the deployment of the Company’s integrated production and distribution network in North America. Strategically located in the heart of the Northeast technology region, the Albany site will efficiently serve a diverse industrial clientele, including the semiconductor, artificial intelligence, healthcare, aerospace, and advanced industrial process sectors.

“Albany is much more than a new hub for CHARBONE. It’s our strategic entry point into the United States. We’re building a local infrastructure to supply essential molecules to the industries of tomorrow, with UHP quality standards, reliable execution, and a long-term vision. This hub positions CHARBONE at the heart of a key technology ecosystem and strengthens our ability to become a leading industrial gas player in North America,” said Dave Gagnon, President and CEO of CHARBONE.

Brossard, Quebec, April 30, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a vertically integrated industrial gases company focused on production, distribution and storage of clean ultra-high purity (“UHP”) hydrogen and other strategic industrial gases, today announces its financial and operational results for the year ending December 31, 2025.

Since Q4 2025, CHARBONE began generating revenues from industrial gases such as clean UHP hydrogen sourced from its Sorel-Tracy facility Phase 1A, UHP helium and UHP oxygen. CHARBONE is now progressing well with its Phase 1B at Sorel-Tracy to increase its hydrogen production capacity in Q3 2026 while continuing to expand its other specialty gases platform.

2025 HIGHLIGHTS:

“CHARBONE’s disciplined financial management, operational execution and successful completion of new financings, position the Company to continue its growth as a vertically integrated industrial gases producer and distributor,” said Benoit Veilleux, Chief Financial Officer and Corporate Secretary of CHARBONE. “CHARBONE is moving into execution mode to unlock its strong growth potential. 

Annual General and Extraordinary Meetings of Shareholders

The Company has reserved June 18, 2026 for its 2024 and 2025 Annual General and Extraordinary Meetings of Shareholders (the “AGSM”). Further details will be sent to the Company’s shareholders as of April 29, 2026.

Omnibus Incentive Plan

The Company is pleased to announce that it has obtained approval from its Board of Directors for the adoption of a new omnibus equity incentive plan (the “Omnibus Plan”), subject to the TSX Venture Exchange approval. The Company will include the Omnibus Plan in the circular that will be sent to obtain shareholder’s approval at the upcoming AGSM. As of June 18, 2026, the Omnibus Plan, if approved, will replace the Company’s current stock option plan that was last reconducted on March 28, 2025 (the “Previous Plan”).

The board of directors determined that it is desirable to have a wide range of incentive awards, including stock options (“Options”), restricted share units (“RSUs”), performance share units (“PSUs”), and deferred share units (“DSUs”) (collectively, the “Awards”) to attract, retain and motivate employees, directors, executive officers and consultants of the Company.

The aggregate number of common shares reserved for issuance pursuant to Awards of DSUs, RSUs, PSUs and Options granted under the Omnibus Plan (including the Predecessor Options currently outstanding under the Previous Plan) shall not exceed 10% of the Company’s total issued and outstanding common shares from time to time.

The Company has also cancelled 2,050,000 Options that had been granted on September 9, 2022 at an exercise price of $0.60 per share for a term of 5 years.

Brossard, Quebec, April 29, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor of clean ultrahigh purity (“UHP”) hydrogen and industrial gases, is pleased to announce the closing of the secured convertible loan facility (the “Convertible Loan”) with RiverFort Global Opportunities PCC Ltd. (“RiverFort” or “Lender”) for up to $10 million as previously announced on March 31 and April 23, 2026.

Transaction Overview
Pursuant to the definitive agreements executed with RiverFort, CHARBONE has successfully completed the initial drawdown in the amount of $3 million (the “Initial Drawdown”) under the Convertible Loan, representing the first tranche of up to $10 million in total committed financing. The Convertible Loan is structured as a multi-drawdown secured facility, with additional tranches available to the Company over the term of the agreement, subject to customary conditions and mutual agreement between the parties.

Key Terms of the Convertible Loan

Use of Proceeds

The Convertible Loan is a key component of CHARBONE’s broader strategy to scale hydrogen production capacity and expand its industrial gas platform across North America. The proceeds from the Initial Drawdown are expected to be used to:

CHARBONE and RiverFort will continue to evaluate subsequent drawdowns under the Convertible Loan facility, which may be advanced over time in accordance with the agreement and the Company’s capital requirements.

“This closing represents an important milestone for CHARBONE as we continue to execute on our growth strategy,” said Benoit Veilleux, CHARBONE’s Chief Financial Officer and Corporate Secretary. “The partnership with RiverFort provides flexible, staged capital that aligns with our development timeline and supports the acceleration of our hydrogen infrastructure buildout.”

About RiverFort
RiverFort provides debt and equity-based capital to high-growth companies. As an international business operating from offices in London, Australia and Gibraltar along with a strong presence in Europe, and Canada, RiverFort has a multi-sector and global orientation. RiverFort prides itself in creating mutually beneficial partnerships between its alternative funding sources, including family office co-investors, and investee companies it believes in. The RiverFort team has executed in excess of US$15 billion of growth financing transactions.

Brossard, Quebec, April 23, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, following its news release dated March 31, 2026, is pleased to announce that the closing process is progressing on the secured convertible loan (the “Convertible Loan”) that will provide for up to $10 million of financing from Riverfort Global Opportunities PCC Ltd (“RiverFort” or the “Lender”), and confirms that terms have been modified as follows:

The first drawdown will become available upon the signature of the definitive agreements with RiverFort and satisfaction of the closing conditions provided for in the Convertible Loan, including the approval by the TSX Venture Exchange. Please find unchanged terms of the first drawdown below:

CHARBONE also announces the completion of the full conversion of the September 2025 Convertible
Replacement Debentures, issued and announced on October 1, 2025, for an amount of $2.05M.

Brossard, Quebec, April 23, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, is pleased to announce the signing of a three (3) year supply contract with an American industrial client for the sale of UHP oxygen.

A structuring contractual commitment in the United States

This long-term contract strengthens the established business relationship with this US-based customer and follows previously announced orders, including an initial delivery of UHP oxygen. The agreement provides for a regular supply of UHP oxygen meeting the highest purity standards, thus supporting the customer’s critical operations in an advanced industrial sector.

Strengthening CHARBONE’s presence in a key market

The signing of this three-year contract marks a significant milestone in CHARBONE’s commercial expansion in the United States, particularly in the strategic “Tech Valley” region of New York State. It demonstrates the confidence placed in CHARBONE as a reliable partner for the supply of UHP industrial gases.

Acceleration of the multi-molecule strategy

This agreement is directly aligned with CHARBONE’s strategy to build an integrated platform of UHP industrial gases, combining hydrogen, oxygen, helium, and other specialty gases. By expanding its offering beyond hydrogen, CHARBONE strengthens its ability to meet the needs of advanced technology, pharmaceutical, and manufacturing industries.

CEO statement

“The signing of this three-year UHP oxygen supply contract with an American customer confirms the strength of our business relationship and our ability to deliver ultra-high purity gases according to the most demanding market standards,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “This agreement strengthens our presence in the United States and fully validates our multi- molecule development strategy. We are pursuing our goal of becoming a key player in UHP industrial gases in North America.”

Brossard, Quebec, April 21, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, today announced a positive strategic update following its recent executive mission to Malaysia.

The mission was led by Dave B. Gagnon, Chairman and Chief Executive Officer, alongside Patrick Cuddihy, Senior Vice President, and builds on the previously announced framework agreement dated June 25, 2025 with Green Hydrogen ASIAPAC SDN BHD.

Following a series of high-level meetings with Malaysian stakeholders, government representatives, and industrial partners, CHARBONE confirms:

This milestone reinforces CHARBONE’s strategy to expand beyond North America and establish a disciplined, scalable presence in the Asia-Pacific market, one of the fastest-growing regions for clean hydrogen and specialty gases.

Strengthening Canada–Malaysia Industrial Collaboration

CHARBONE expresses its sincere appreciation to Malaysian authorities and partners for the quality of engagement and strong institutional support throughout the mission.

The Company would like to specifically acknowledge the Malaysian Industry-Government Group for High Technology (MIGHT) for its leadership in:

Malaysia continues to demonstrate a compelling platform for clean energy deployment, supported by national decarbonization initiatives, industrial demand growth, and a strategic geographic position within Asia-Pacific.

Executing CHARBONE’s Global Industrial Gas Platform Strategy

CHARBONE’s expansion into Malaysia aligns with its broader strategy to build a globally integrated industrial gas platform, anchored in:

The Company intends to replicate its North American approach in Asia-Pacific, targeting high-growth sectors including:

“Our mission in Malaysia confirms that CHARBONE’s international strategy is gaining real traction. AsiaPacific represents a critical growth pillar alongside North America, and we are seeing strong alignment with partners who recognize the value of our modular, execution-focused approach,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “We are particularly encouraged by the opportunity to deepen our involvement with Green Hydrogen ASIAPAC, not only as a technical partner, but as an investor and operator. We thank MIGHT, Malaysian authorities, and our partners for their trust and commitment as we move forward together.”

CHARBONE is currently working with all parties involved to update the continuity and implementation of the current agreement previously signed with the Malaysian group and looks forward to providing our shareholders with more detailed information on the project and development scope.

Brossard, Quebec, April 14, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, today announced the rollout of its comprehensive 2026-2030 strategic plan, marking a pivotal step in its evolution towards an integrated, global industrial gas group.

Building on a solid foundation in decarbonized UHP hydrogen, CHARBONE is embarking on a structured and coherent evolution of its model, aiming to expand its positioning to include UHP gases, specialty gases, and, in North America, UHP industrial atmospheric gases, to strengthen recurring revenue and operational efficiency.

A Clear Vision: Become a premium mid-tier player

CHARBONE is well positioned in a unique strategic space: more agile than the majors, more complementary to regional distributors, and strongly differentiated by quality, metrology, and traceability. The Company aims to meet the critical needs of high-growth industries, including:

These markets demand impeccable quality, speed of execution, and security of supply; pillars at the heart of CHARBONE’s DNA.

A Two-Pillar Strategy in North America

Growth will be based on a structured hybrid approach:

This combination increases commercial depth, customer loyalty, and financial resilience. Charbone intends to strengthen its presence in the Northeast and Pacific technology corridor of the US.

A Disciplined Operating Model: Regional Hubs and an Asset-Smart Approach

CHARBONE’s priority is to continue the development and commissioning of the various phases of the SorelTracy plant. This is our anchor and the foundation of our expansion into the North American market. CHARBONE’s plan includes the deployment of 6 to 8 regional hubs in North America and internationally, enabling:

This hub-and-spoke model is a key lever for supporting growth while maintaining rigorous capital discipline in advance of additional industrial gases production capacity.

Targeted International Expansion: Europe and Asia-Pacific

CHARBONE plans to accelerate its global development with:

Expansion will be guided by an asset-light approach, focused on partnerships and structuring contracts.

“At CHARBONE, we are not changing direction, we are expanding it with discipline. We started with one molecule: clean UHP hydrogen. Today, we are building an integrated platform of high-value industrial gases, tailored to the critical needs of the industries of the future. Our ambition is clear: to become an internationally recognized player known for quality, reliability, and speed of execution. We want to be a strategic partner for our customers, not just a supplier. CHARBONE is moving forward with a pragmatic, structured, and results-oriented approach – combining innovation, operational excellence, and financial discipline. The future of industrial gases is being shaped now and CHARBONE is ready,” said Dave B. Gagnon, CHARBONE’s Chairman and CEO

Brossard, Quebec, April 2, 2026 – CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“CHARBONE” or the “Company”), a North American producer and distributor specializing in clean Ultra High Purity (“UHP”) hydrogen and strategic industrial gases, announces the continuation of its helium market activities with the refilling of a dedicated trailer to serve an existing customer in Ontario.

This operation confirms the commercial continuity of CHARBONE’s Helium division, initially launched in 2025, and is aligned with the Company’s strategy to build an integrated platform for the distribution of strategic industrial gases across North America.

The Type 1 cylinder trailer, specifically dedicated to helium, has been refilled under the current supply agreement with an independent distributor in Ontario, demonstrating CHARBONE’s operational capability to deliver reliable and recurring service in a high-demand market.

 

 

 

 

 

 

 

 

 

 

A Strategic Positioning Complementary to Hydrogen

CHARBONE reiterates that helium represents a complementary pillar to its core UHP hydrogen business. This approach enables the Company to diversify its revenue streams while optimizing its logistics network and customer relationships.

In the current context of geopolitical tensions and supply constraints in global helium markets, CHARBONE is particularly well positioned, having anticipated the development of this segment as previously announced in its press releases dated March 31, 2025, and October 23, 2025.

“Our decision to integrate helium into our offering reflects a clear vision: to build a complete and resilient industrial gas company capable of serving our customers with diversified and secure solutions,” said Dave Gagnon, CHARBONE’s Chief Executive Officer and Chairman of the Board. “In an uncertain global environment, our ability to reliably deliver critical molecules such as helium and hydrogen becomes a key competitive advantage.”

The Company intends to continue developing its Helium division across North America by leveraging its supply partnerships, logistics capabilities, and the sustained growth in demand from key sectors such as electronics, healthcare, advanced manufacturing, and high-tech industries.